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Zoomaway Travel to add crypto-currencies to its blockchain strategies

Last updated: 13:30 13 Nov 2017 GMT, First published: 08:30 13 Nov 2017 GMT

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Blockchain is an emerging technology in the business world

Zoomaway Travel Inc (CVE:ZMA), the hospitality and tech group, revealed it will be implementing so called blockchain technologies into its existing platforms.

Blockchain is an emerging technology in the business world, which is a method companies can put money in place for projects and growth using new currencies.

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The firm also currently plans to incorporate various forms of crypto-currency into its platforms, it said.

The company is planning to work with several of these providers to give customers a wide variety of payment options.

"As we continue to grow our blockchain strategies, we are continuously looking for ways to improve our customers experience and to modernize the hospitality Industry wherever possible," said Sean Schaeffer, chief executive of Zoomaway Travel Inc.

"We believe that these implementations will help drive us towards an even more seamless process for the end user and will help us acquire even more vendors to adopt our products.

"We are always striving to make our processes better and easier to use, and providing more payment options to our customers will hopefully help us increase sales and trim costs that we associated with older payment technologies."